Mobileye Global (NASDAQ:MBLY) Price Target Cut to $7.00 by Analysts at The Goldman Sachs Group

Key Points

• Goldman Sachs lowered Mobileye’s price target from $8 to $7 while maintaining a “neutral” rating; the new target implies approximately 21% upside from the $5.79 share price.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average target of $10.79. TD Cowen also downgraded the stock to “Hold” with a $7 target, while other firms maintain Buy or Sell ratings.
• Mobileye beat quarterly EPS and revenue estimates, but revenue fell 2.4% year over year and the company reported a substantial net loss, contributing to ongoing investor caution.

Mobileye Global (NASDAQ:MBLY - Get Free Report) had its price objective reduced by The Goldman Sachs Group from $8.00 to $7.00 in a report released on Friday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. The Goldman Sachs Group's target price suggests a potential upside of 21.00% from the company's current price.

A number of other equities research analysts have also issued reports on MBLY. Weiss Ratings reissued a "sell (d-)" rating on shares of Mobileye Global in a report on Friday, October 2nd. JPMorgan Chase & Co. reduced their price objective on shares of Mobileye Global from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. Canaccord Genuity Group decreased their price objective on Mobileye Global from $17.00 to $12.00 and set a "buy" rating for the company in a research report on Friday, July 24th. Citigroup assumed coverage on shares of Mobileye Global in a research report on Friday, October 16th. They set a "buy" rating and a $11.00 target price on the stock. Finally, TD Cowen downgraded Mobileye Global from a "buy" rating to a "hold" rating and set a $7.00 price objective for the company. in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $10.79.

Mobileye Global Price Performance

Mobileye Global stock traded down $0.62 during midday trading on Friday, reaching $5.79. The company's stock had a trading volume of 5,913,153 shares, compared to its average volume of 6,928,089. Mobileye Global has a 52-week low of $5.77 and a 52-week high of $14.33. The stock has a market capitalization of $4.86 billion, a P/E ratio of -1.17, a PEG ratio of 2.28 and a beta of 1.25. The stock's 50-day simple moving average is $7.74 and its 200-day simple moving average is $8.58.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. Mobileye Global had a positive return on equity of 0.70% and a negative net margin of 201.49%. The firm had revenue of $492.00 million for the quarter, compared to analyst estimates of $476.78 million. During the same quarter in the prior year, the firm earned $0.09 earnings per share. Mobileye Global's revenue for the quarter was down 2.4% on a year-over-year basis. As a group, equities research analysts expect that Mobileye Global will post 0.11 earnings per share for the current fiscal year.

Insider Transactions at Mobileye Global

In other news, Director Safroadu Yeboah-Amankwah purchased 11,841 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was purchased at an average cost of $8.46 per share, with a total value of $100,174.86. Following the purchase, the director owned 84,336 shares in the company, valued at $713,482.56. This trade represents a 16.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Mobileye Global

A number of hedge funds have recently modified their holdings of the stock. BCGM Wealth Management LLC raised its position in shares of Mobileye Global by 56.7% during the first quarter. BCGM Wealth Management LLC now owns 368,763 shares of the company's stock valued at $2,533,000 after buying an additional 133,471 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Mobileye Global by 24.5% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,585,733 shares of the company's stock worth $24,634,000 after purchasing an additional 705,400 shares during the last quarter. Bank of America Corp DE grew its stake in Mobileye Global by 5.8% in the first quarter. Bank of America Corp DE now owns 2,036,548 shares of the company's stock valued at $13,991,000 after acquiring an additional 111,215 shares during the period. Royal Bank of Canada raised its stake in shares of Mobileye Global by 129.6% in the 1st quarter. Royal Bank of Canada now owns 224,315 shares of the company's stock valued at $1,541,000 after purchasing an additional 126,634 shares during the period. Finally, Counterpoint Mutual Funds LLC bought a new position in shares of Mobileye Global in the third quarter valued at $9,074,000. 13.25% of the stock is owned by institutional investors and hedge funds.

Mobileye Global News Roundup

Here are the key news stories impacting Mobileye Global this week:

• Positive Sentiment: Raised 2026 outlook: Mobileye increased the midpoint of its full-year revenue forecast to approximately $2.008 billion, with a narrowed range of $1.995 billion to $2.020 billion. The company cited stronger-than-expected SuperVision deliveries and memory-cost pass-through. Mobileye raises 2026 revenue outlook
• Positive Sentiment: Q3 earnings and revenue beat estimates: Adjusted EPS was $0.11 versus the $0.10 consensus, while revenue reached $492 million compared with estimates of $476.78 million. EPS also improved from $0.09 a year earlier. Mobileye Q3 earnings and revenues beat estimates
• Positive Sentiment: Improving operating metrics: EyeQ chip shipments rose about 11% through the third quarter, while Q3 gross margin improved to 53% from 48% a year earlier. Mobileye also reported $303 million in operating cash flow for the first nine months. Mobileye three key takeaways
• Neutral Sentiment: Mixed analyst view: Needham maintained a “buy” rating but lowered its price target from $13 to $9, indicating continued long-term upside but reduced expectations. Needham analyst rating
• Negative Sentiment: TD Cowen downgraded the stock: The firm moved Mobileye from “buy” to “hold” and set a $7 price target, reinforcing near-term caution despite the target remaining above the recent trading level. TD Cowen analyst downgrade
• Negative Sentiment: Underlying results remain challenging: Q3 revenue declined 2.4% year over year to $492 million, and Mobileye posted a $67 million GAAP net loss. These pressures, along with reduced analyst targets, appear to be outweighing the quarterly beats and higher guidance.

Mobileye Global Company Profile

Mobileye Global Inc NASDAQ: MBLY develops advanced driver-assistance systems and autonomous driving technologies for vehicle manufacturers worldwide. Founded in 1999 and headquartered in Jerusalem, Israel, the company provides computer-vision and artificial-intelligence solutions designed to improve vehicle safety and support automated driving.

Its product portfolio includes EyeQ system-on-chips, camera-based driver-assistance features, and software for functions such as automatic emergency braking, lane-keeping assistance, adaptive cruise control, and traffic-sign recognition.

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